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2061  Economy / Gambling / Re: What is the best thing to do if this happens on: October 23, 2022, 07:43:04 AM
Assuming you gamble on a mid to high-rated gambling website and you won big but they refuse to pay up, what and what are the legal way to make sure that the platform pays up your money?
I have been on this forum for 6years now and I frequent the Scam accusations sections and also been a part of different casino's signature campaigns.

What I have seen is that 99% of cases are in the reality the customer using some unfair mean to launder their money or cheating the system meaning the casino was doing fair business. In the rest 1% of cases where the casino was actually at fault, they did enough from their part to compensate the user, but such cases actually are very rarely happening but if reported get resolved quickly.

So there are two sides of the story and I am always willing to know both sides before commenting. A reputed casino would not hold back payouts unless they have a very serious reason to.
2062  Bitcoin / Bitcoin Discussion / Re: How important are exchanges? on: October 22, 2022, 09:57:53 AM
Bitcoins can exist without exchanges, but would you support the argument that the existence of exchanges are among the factors facilitating the popularity and accessibility that people have to bitcoins?
Money can exist without exchanges but does that make things easier or more difficult?

Same with bitcoin, since it is the newer kid in the basket of currencies available in the world, the only way to acquire it for many people is through exchanges. Hence their role in the market is vital and they do help in providing popularity and accessibility.

The choice of going to an OTC trade carries its own risks and disadvantages which outweigh the advantages. P2P market for bitcoin is not that strong that they can overrun the CEX traffic and DEXs always have a liquidity problem.

Hence bitcoin will exist with its exchanges but people have to know their options well.
2063  Alternate cryptocurrencies / Altcoin Discussion / Re: Another example is how greed destroy crypto investors. on: October 22, 2022, 09:54:11 AM
As others say, a profit is not truly a profit if it wasn't spent or sold. In other words, if we got lucky, we should take our initial investment back to feel and hold that indeed our investment have flourished. Also, I agree, we should plan our investments more carefully and project when would be the right time to harvest the fruits because if we let the greed override us just because of the trend, I'm afraid that the path will just lead us into losses that we can't afford.
Speed and greed kill investors more than wine and women. Grin

No wonder we see so many traders eventually becoming similar to gamblers and common people making the assumption that trading is a type of gambling and shuns it. Luck and skills play their role everywhere but being diligent beats them all. A diligent trader would read the charts, buy only from their allocated budget and not make hasty decisions but play it safe. Eventually they are the ones who are successful as long term players.

So have patience and dont get greedy in trading or if you have been greedy and lost, learn a lesson and mend your techniques.
2064  Economy / Economics / Re: Corruption Should Be Taught From Young Age on: October 21, 2022, 03:39:33 PM
Corruption is something that you cannot address by just teaching people at young age or older age.

Corruption comes with the humane emotions of greed + lazyiness. These can be controlled only by discipline and that either comes from within or through punishment, sadly.

Having a higher up with strong morals about not accepting corrupt offers gives empowerment to the subordinate - still this is a very ideal scenario.

In most countries, not being corrupt or having an anti-corruption stance actually may bring more harm, because the people around you want to take bribes and favours and you are being a blockade on their path. You end up finding yourself in enmity with the rest of the staff just because you want to stay clean.
2065  Economy / Gambling discussion / Re: Two Gambling Stories on: October 21, 2022, 03:34:22 PM
Considering such stories to be true, which is rare in the first place,

Case1 - Anybody winning money on betting has done so on their own accord, so how to wish to spend that money or pay back "debts" is their own choice and not obligation. It is wrong to steal money from anybody, of course paying back the money is an attempt to redeem, so at least the stolen amount should be returned if not with interest.

Case2 - I highly doubt this story, coming the type of account which posted the story, I am sure that the story is fake one, only used to generate buzz and get some likes and replies on twitter. Still then, what type of apprentice tells their boss about their bets, unless they took money from their boss to place the bet - in which case I would say that person is irresponsible about their money.
2066  Bitcoin / Bitcoin Discussion / Re: Does everyone want bitcoin to be stable in price? on: October 21, 2022, 03:18:56 PM
Bitcoins for it’s investors is more like an asset then currency, so definitely we don’t want it to be stabled.
Moreover if it will be stabled, then we can’t trade it anymore as a trading pair due to complexity.
This is my opinion, I think it should not be stabled.
No speculative asset is being "stabled", they are always volatile but the degree of volatility is often manageable as is with bitcoin. Bitcoin is always open to trading, so there is no question of it ever being fixed at a price in terms of fiat currency.

I think so too. because I myself also want to invest in bitcoin because I see the price of bitcoin is unstable, if the price of bitcoin is stable, of course I will not invest in bitcoin, because if the price of bitcoin is stable, of course it will not provide maximum profit for investors. so the specialty of bitcoin is that its price is not stable.
Bitcoin is a currency that has become speculative because of its buy/sell pressure since a long time. But at the end of the day it is still meant to be used a method to transact. Obviously the reason why stablecoins came in the picture is that some people are obsessed with bitcoin not being stable and them wanting something in that line.

Be assured, bitcoin trading has the maximum volume, it has least chance of become stagnant in market.
2067  Alternate cryptocurrencies / Altcoin Discussion / Re: And officially worst year for investors on: October 19, 2022, 10:51:49 AM
Well, there are many investors out there who are making great returns. It just takes a little time to reap the rewards. If you enter the crypto market or invest, you can't expect to make instant profits every time. We must be prepared mentally and financially because there are times when investments may take longer to make a profit than expected. Again, progress is still progress, even if it is not instantaneous.
The year has been what it needs to be. People need to stop calling a year bad because these are continuous things that will keep changing. Knowledge on how to deal with market changes is important. If a market remains bullish, you can buy Bitcoin. If the market rises, you have to sell and book the profit.

Don't see how people see this as bad. The same people are going to complain when prices go up that it is too expensive to buy anymore.

Definitely progress happens but this a speculative market, don't expect progress either. Bitcoin is progressing on its tech, but that effect on market is not going to make a huge impact.
2068  Bitcoin / Bitcoin Discussion / Re: How would the world be if Bitcoin wasn't created on: October 19, 2022, 10:43:48 AM
Majority of the world population is still unaware that something like bitcoin exists or even if they know they are still unable to access it because of restrictions or government laws. So in that manner for them bitcoin has not been created yet functionally.

Does that mean such people are living in oppression or in poor conditions? Not exactly, because they are in ignorance and they are not red-pilled. For them it does not matter.

So don't assume that just having bitcoin in this world would change every problem. A lot of factors are involved here.
2069  Economy / Trading Discussion / Re: What's next for cryptocurrency? on: October 19, 2022, 10:25:43 AM
At the moment with this current 'bear market', it is good to buy Bitcoin while it's still cheap. Because I am predicting that the 'bear market' will end by the end of this year. And start with a bullish trend beginning in the 2nd week of the month of January.

So don’t wait any longer now is the time to buy Bitcoin.  Another reason is it’s been trading sideways now for a while between 18-20k. So, it is only a matter of time before Bitcoin takes off on a bullish trend.
January is still far off, I am more interested in what happens during the black Friday sale and new year's time when there are major movements happening. True, that January might show bigger changes but it will depend on December.

Definitely is a good time to buy with chances of both rising and dropping from this price. Whether we might see good profits, only time can tell, holding it might give better prediction to comment on.

Year end is a critical time for traders to be on their toes. But also don't forget to spend some time with friends and family.
2070  Bitcoin / Bitcoin Discussion / Re: Another opportunity is coming, a time to hold on: October 18, 2022, 04:36:05 PM
People will say many things concerning bitcoin but I only feel pity  for those who will take all this fallacy into their heads and at last they will regret missing the opportunity.  Some time back when the market was bearish people also made the same comments like this, time will come for them to understand they made a wrong decision.
Bearish or bullish depends on how long the market was stagnant on a certain price too. Like for example, currently the price is stable at 19k USD and now people are going to set prices above this as bullish and less or equal to this as bearish. To them 700 USD (the price of 1BTC back in 2015) is something that is not going to happen anytime in the future.

So even if someone was nay-sayer for bitcoin, they might change their attitude in future and this is a welcome move as well. For them there are prices to buy at, just that they need to pay a bit of attention to the charts before picking a price to buy with patience.
2071  Economy / Trading Discussion / Re: How much gambling is in trading cryptocurrencies? on: October 18, 2022, 01:53:17 PM
It will be very bad for people to go into what they have no clues of or even pretending to be an expert instead deeping down their heads to learn and understand more important about what they are embarked on, initially those who don't know much about trading might slightly take it for gambling but I must say trading can't be compared as gambling rather but gambling is more risky.
Trading will become a sort of gambling if done in a risky and impulsive manner without planning. This is true for many users who have that mindset and are hoping for quick gains in short time.

Spot trading is much less likened to gambling but options, futures and margin are. Too much day trading without knowing how it's done is also a gamble.

The point to maintain the line between the two and not cross that. Don't let trading become an obsession or an addiction.
2072  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't invest Heavily ALT now on: October 18, 2022, 01:49:17 PM
To succeed in becoming an investor in Cryptocurrencies, of course, has a strong financial, many people think that when buying then a day, or a week the price will rise and profit, when they wait and the price continues to decline they panic so that it sells at a low price, the key to investment success in Cryptocurrencies is buying and thinking that what we buy will be lost because of loss.
What the OP said, is based on a lot of speculation, whether web3 becomes something big or ends up being only a buzzword would be worth checking in real.

This might encourage a lot of people to buy shitcoins without any logic which is again bad for their portfolios. After that they will try to sell without knowing why they bought and this cycle ends up draining money.

No wonder people keep losing their faith in altcoins. Compared to that Bitcoin is a way better choice of investment. Why think about what happens in 2024 when you can buy Bitcoin at low price right now?
2073  Economy / Trading Discussion / Re: Is it best to have a personal trading strategy? on: October 18, 2022, 11:00:54 AM
In order to trade you must employ some of your personal strategies.If you don't have any outside knowledge then you can never get any good from trading platform It is not always possible to make more money with technical strategies. Sometimes you need to survive on the trading platform by using personal strategies.
The major strategy is same, buy low and sell high. Beyond that we cannot make new strategies on our own, because these are time tested methods to profit from a speculative market.

Surviving on trading should not be the motive here. Trading will give you profits in between with gradual surges but there will not be any continuous profits.

In either case, keep your strategies limited. Otherwise you will get overwhelmed. In spot, not much thought needs to be given to this, rather repeatedly doing the right trade is important.
2074  Economy / Trading Discussion / Re: Copy trading profitable? on: October 17, 2022, 03:33:54 PM
This is not an advice for any newbie to use copy trading. I have seen many lead traders that are copied but losing. This is just about knowing if lead traders are truly making much money.
I dont find the concept of copy-trading to be something profitable. I prefer doing my own research and then placing my trades such that if I lose money I know whom to blame, myself. This gives you confidence that you are in full control over your profits and it is not that someone is being a big guy and telling you how to trade.

Besides, if you are trading on something without knowing what is the basis you will never learn but be like a machine copying someone. That movement which the bigger trader saw in order to start that trade, may have already crossed its time and hence you buying/selling after that may be a wrong move.

I prefer doing spot, but if someone finds copy-trading to be profitable, by all means go with it.
2075  Economy / Gambling discussion / Re: Will you be influenced by your favourite celebrity? on: October 17, 2022, 03:21:54 PM
Celebrities are paid for everything they show, they made a name and people follow them - they use this to sell products and names they are paid for. There should nothing personal to this, some thing that people all over the world should understand by now.

I am least influenced by what celebs say but I am tactful of watching over what they mean to say and how the market might react to it. Drake promoting Stake is still manageable but some other celeb promoting coins gives the market a whole new level of gameplay.

Honestly, casinos pay their promoters well, hence any influencer or wannabe influencer should try to pitch and join them. But never gamble just because your fav celeb played it, it is a game of chance after all.
2076  Alternate cryptocurrencies / Altcoin Discussion / Re: And officially worst year for investors on: October 17, 2022, 03:18:01 PM
2022 is going to be the worst year for crypto investors. Any thoughts guys?
Uhh, in case you have not noticed yet, 2022 is just 2months 13days from ending, so you should use words like "has been" and not "going to be". Roll Eyes

Besides every year sees bull and bear trends, what happened this year does not mean it is the worst, it is relative how much "bad" quotient you are going to give a year. I believe that saying bad because it was bearish is a wrong approach, since these are two sides of the same coin. Because it was bearish you know how good the bull is. Hence you have to capitalize on the distress, by buying bitcoin during the bear and sell during the bull.

The market is never good or bad, it cycles. How you catch and use the cycle is upto you.
2077  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: I need a project on: October 17, 2022, 03:13:36 PM
I also want without bounty.  But how to leave from where to talk to whom to bring the bounty project.  I don't know anything about it.  But I spoke to some popular bounty managers.  They said they didn't need any more people there.  But if someone gives me a project, then I will work honestly, inshallah.  Please arrange a project.
I believe your command over English is not that good, which is fine but I would suggest you to improve on it, because that would help you in the long run while on this forum. You can continue to post in Bangladesh section but work on your English too.

Firstly you are new user in this forum. Dont you think it looks bad to older forum members here when a newly created account comes here only to start looking for money making methods. You are expected to learn, read and ask about crypto and bitcoin in general to gain knowledge and gradually start providing services which includes campaigns.

My suggestion would be to work on your English and side by side, learn about crypto from the internet and this forum as much as you can, try to participate in discussions going on and gradually work on your rank. If you manage to earn enough merits to rank up, you can attempt the bitcoin paying signature campaigns, which is the gold standard for campaign on this forum, way better than any bounty.

No one will hand you a project, you have to build your name and reputation and then go for one.
2078  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Altcoins? on: October 16, 2022, 07:05:41 AM
Altcoins is a profitable investment in cryptocurrency and it can only be profitable for investment during the time it entered a bullish market, because cryptocurrency bullish market affect the lives of other coin's and ressurect some of them whi is already given off for the market, some people do like to invest in a cryptocurrency because cryptocurrency and especially in altcoins because they know that altcoins give more profit when it experience a good volume.
Altcoins giving more profit is all a relative idea - they will give you profit if
1. you bought at a lower price
2. an exchange exists that has that coin listed and has a decent volume
3. you time your sell price to a higher price than buy price.

All these reasons also exist for bitcoin, but you can clearly see that the second point is almost always true and the other two are negotiable for bitcoin. This is not always the case for altcoins.

Also the chance that you bought an altcoin when it was down in the dumps, and that specific altcoin is going 400x during a bull market is pretty low, because firstly nobody buys shitcoins when they are down and with a thousand other shitcoins on CMC/CG, you would be puzzled to make the decision of which one to buy, given your capital is limited.
2079  Bitcoin / Bitcoin Discussion / Re: Another opportunity is coming, a time to hold on: October 16, 2022, 07:01:01 AM
Decisions change though and what might happen in 2024 as predicted in 2022 might not actually happen when the time comes because who knows what might happen in this world. COVID and a war happening were few of the examples of how uncertain the future is and how fragile human life is in real. With crisis happening everywhere people are more likely to store in quickly liquid-able assets rather than risky assets that the governments dont like.

Too much thinking in the future only ruins the present moment. Right now, we can buy bitcoin because its price is on the lower side, if not wait and hold for it to rise, dont bank on future options for your current investment.
2080  Economy / Trading Discussion / Re: My exorbitant lessons in last bull market on: October 15, 2022, 10:40:17 AM
Well the first lesson has been learnt by every other newbie to the crypto market, not just in 2021-2022 but every day every month every year someone is losing money buying shitcoins and realizing it late.

On the other hand, bitcoin buying seems to give them a no-no impression because the price is high such that they cannot by whole number amounts, which is absurd to me, because knowing the actual value of 1BTC in fiat and the possibility to buy a few fractions of BTC makes this this ridiculous. One should focus on buying fractions of bitcoins and accumulating the same and then sell at the profit point.

The earlier one realized that altcoins are secondary and bitcoin is primary to making profit, the better it is for them.
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